The Latest

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    Dark Matter Tech appoints new CFO in leadership shuffle

    The mortgage tech provider named a new CFO, CTO and general counsel, after its freshly minted CEO increased the company’s AI focus.

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    Pexels.com/GeorgeMilton

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    Sponsored by Trolley

    Payouts, talent and trust: What CFOs need to get right

    See what 450 independent earners expect from payouts—and what those expectations mean for CFOs.

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    Courtesy of U.S. Attorney's Office, Southern District of New York
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    Super Micro’s CFO is out after change was slow-walked

    The AI server maker has replaced CFO David Weigand with Western Digital alum Mark Long, nearly two years after an advisory committee called for Weigand’s ouster.

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    Numeral nailed down metrics, then raised $100M

    Hudson Bova is building the financial foundation for the self-styled “world’s most boring AI company.” 

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    Intuit deal signals bet on AI demand in revenue management

    The plan to acquire revenue management platform Sequence comes as businesses increasingly contend with complex pricing and billing models.

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    Producer prices surge at fastest pace since 2022, adding pressure on Fed

    Soaring energy costs accounted for much of the leap in producer prices, according to the Bureau of Labor Statistics.

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    Judge rebukes Trump officials for intimidating ex-FEMA CFO

    Mary Comans, an “exemplary” career civil servant with over two decades of federal service, was fired last year after serving as FEMA’s CFO since 2018, the judge wrote. 

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    CEOs eye C-suite shake-ups as pressures mount: BCG

    Finance chiefs topped the list of senior leaders at risk of being replaced over coming months, the study found.

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    Inflation speeds up to 3.7%, fueled by surging gasoline prices

    Consumers expect inflation during the coming decade to average around 2.7%, the highest level since 2007, according to the Federal Reserve Bank of Cleveland.

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    Johnson & Johnson CFO taps internal investment for medtech growth

    The pharma company is on track to reach $100 billion in recorded revenue despite “temporary” headwinds in its medtech segment, executives said.  

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    Small business optimism falls, hit by inflation, low labor quality: NFIB

    “Fuel prices are killing us on our delivery trucks,” a retailer in Georgia told the National Federation of Independent Business.

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    AICPA issues guidance for AI-assisted auditing

    The report comes as CFOs seek to realize efficiencies of AI while guarding against such risks as rogue AI and hallucinations.

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    Incoming Mueller CFO to receive $700K sign-on bonus

    Labcorp alum Michael Morgan will also receive an initial equity award valued at $500K when he joins the water infrastructure equipment maker next month.

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    Justin Sullivan / Staff via Getty Images
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    Workday brings autopilots to finance in autonomous AI bet

    The company said its latest tools will anticipate needs and take actions across finance and HR workflows, with customer-defined controls.

  • A man makes the word acronym abbreviation CFO. Chief Financial Officer. Financial management in business and company. Risk. Development and growth. Appointment to a new post, promotion.
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    Runpod’s new CFO prioritizes scaling finance, AI infrastructure

    A veteran of Amazon and Microsoft, Runpod’s newly-minted CFO Brian Erickson is already hunting for new FP&A managers.

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    AI cost volatility poses material margin risk for CFOs: Gartner

    Unmonitored use of AI by workers or unrestricted paid licenses “can risk spiking millions of dollars in additional expense,” researchers warned.

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    Courtesy of Orthofix
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    Orthofix pays former executives $24M in damages

    The payments were made after a California arbitrator found private text messages between Orthofix executives couldn’t be considered cause for firing.

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    Getting CFOs past the first AI ‘easy mile’

    For organizations that have “quirky” house data, taking the time and resources to build a bespoke AI solution can often be more effective, Quadient’s Lilac Schoenbeck said.

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    Alamy
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    Borrowing costs still too low to cool inflation, economists say in survey

    Business spending will likely grow at a 12.6% annual rate this year before slowing to 6.2% in 2027, according to economists surveyed by Wolters Kluwer.

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    CFO warns against ignoring ‘shallowfakes’ in expense reports

    “If I saw [an employee’s expense] claim I thought was fraudulent, I would be all over it,” Medius CFO Chris Wilmot said.

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    Big bankruptcies decline while pace holds above historical average: Cornerstone

    Several large companies cited tariffs as a contributing factor driving their bankruptcies, report co-author Trevor Haynes said.

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    PepsiCo CFO touts cost discipline, slashes guidance

    The beverage giant is focused on cutting costs as it navigates rising food prices and changing consumer habits which have impacted its North American business.

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    AI can help CFOs expand finance without adding staff: Prophix CEO

    As workloads rise and headcount growth slows, Prophix CEO Alok Ajmera expects AI to give finance teams more capacity — but trust remains a hurdle.

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    Tariffs pushed up consumer goods prices by 2.9 percentage points: NY Fed

    Consumer expectations for inflation rose for the second straight month to the highest level since May, the University of Michigan said Friday, citing an October survey.

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    Deloitte fined $7.9M by UK regulator for failed audits

    Deloitte UK’s “decisions and actions put very large amounts of U.K. taxpayers’ money at risk,” according to the top investigator at the Financial Reporting Council.

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    Basware CFO says AI upskilling requires ambition

    CFOs need to develop their AI skills in a way that centers the accuracy and reliability of data that’s integral to finance, Basware’s Martti Nurminen said.